All three local banks, which were among the most heavily traded by value, gained ground in early trade. DBS rose S$0.22 or 1.1 per cent to S$20.59, UOB advanced S$0.09 or 0.5 per cent to S$19.50, and OCBC gained S$0.02 or 0.2 per cent to S$8.60.following a weak jobs report, and President Donald Trump's shock announcement that he has tested positive for Covid-19.
The Dow Jones Industrial Average finished down 0.5 per cent at 27,682.81, the broad-based S&P 500 slipped 1 per cent to 3,348.44, while the tech-rich Nasdaq Composite Index tumbled 2.2 per cent to 11,075.02.at 23,273.36 on Monday, while the broader Topix index advanced 1.2 per cent or 19.10 points to 1,628.32.For daily updates on weekdays and specially selected content for the weekend.
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Tokyo: Stocks open higher on Trump health[TOKYO] Tokyo stocks opened higher on Monday as investors responded positively to US President Donald Trump signalling that his health is improving after contracting the coronavirus. Read more at The Business Times.
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Asia stocks rise as signs of Trump's improving health calm markets; STI up 0.7%TOKYO (REUTERS) - Stock markets rose on Monday (Oct 5) on hopes that US President Donald Mr Trump could be discharged from hospital later in the day, easing some of the political uncertainty that shook global bourses in the previous session.. Read more at straitstimes.com.
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